US SEC Chairman: The era of cryptocurrency has arrived, and most crypto tokens are not securities

Odaily Planet Daily reported that U.S. Securities and Exchange Commission Chairman Paul S. Atkins delivered a keynote speech at the inaugural OECD Roundtable on Global Financial Markets, stating that the era of cryptocurrency has arrived. Most crypto tokens are not securities, and the SEC will clearly define these boundaries, ensuring that entrepreneurs can raise funds on-chain without facing endless legal uncertainty. The SEC must also allow "super app" trading platforms to innovate and increase choice for market participants. Platforms should be able to offer trading, lending, and staking services under a single regulatory framework. Investors, advisors, and broker-dealers should also have the freedom to choose from a variety of custody solutions.